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Includes historical data for Vanuatu’s Gross Domestic Product growth, debt-to-GDP ratio and more, as well as information on trade, banking and financial sector leadership.

Economic Growth At Risk Due To Rising Oceans

Located in the Pacific Ring of Fire north of New Zealand, this archipelago nation consisting of 83 islands is a paradise of pristine beaches, blue lagoons, and rainforests. Along with tourism, agriculture, fishing and real estate are pillars of its economy. However, Vanuatu is also one of the world’s countries most at risk of climate change and natural hazards, including frequent earthquakes and volcanic eruptions.

In recent years, Vanuatu has taken steps to build a disaster-resilient future and strengthen its economic integration with the global marketplace. Yet, an inefficient regulatory environment, inadequate infrastructure, limited access to financing and an underdeveloped formal labor market continue to discourage private investment and entrepreneurial activity.

Macroeconomy & Sovereign Data

Type of Government Parliamentary republic
Capital Port-Vila (on Efate)
Sovereign Ratings S&P: Not rated
Moody’s: Not rated
Fitch: Not rated
Total Population 345,000
Median Age 19.6
Adult Per Capita Income (PPP) 5,884.41
Total GDP (2023) 1.3 billion

Vanuatu GDP & Economic Overview

Most Recent Content

Banking & Finance

Trade & Investment

Total Exports USD 423.7 million (2022)
Leading Exports Refined Petroleum
Fishing Ships
Poultry Meats
Delivery Trucks
Broadcasting Equipment                                                                      
Total Imports USD 245.6 million (2022)
Leading Imports Tuna
Floating Platforms
Cargo Ships
Perfume Plants
Source: World Integrated Trade Solution

Vanuatu Leading Companies

National Bank of Vanuatu Financials
Vanuatu Ports Corporation Transportation, Marine Ports & Services
Air Vanuatu Transportation, Airlines

Major Trade Partners — Import

Australia 29.7%
Singapore 18.2%
New Zealand 12.7%
Fiji 8.0%
China 6.9%

Major Trade Partners — Export

Malaysia 20.5%
Philippines 18.0%
New Zealand 11.4%
Australia 11.3%
Fiji 8.1%

Data Sources:

IMF World Economic Outlook

UN World Population Prospects

World Inequality Report

S&P Global Ratings


Fitch Ratings

IMF Direction of Trade Statistics (DOTS)

UN Conference on Trade and Development (UNCTAD)

CIA The World Factbook

World Bank’s World Integrated Trade Solution

Forbes Global 2000